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the golden gate bridge is a constant headache for those in california. number three we head down south to the pacific highway to los angeles. 13 million commuters can you into the city every day. 80% drive and 56 hours spent in idle cars. and of course, new york city, the big apple. they spent 57 hours or two and a half day sitting in traffic, especially if you're trying to get out of town on a friday afternoon. the number one worst city for traffic -- or not to believe this -- honolulu, hawaii. unbelievable. hawaiians would spend an average 50 hours a year. tuesday afternoons are the worst grades and stay on the beach. still to to come, my "two cents more". coming up next, forget u.s. treasuries. some are saying there is a new safe haven for investors looking to stash their cash. we will tell you where it is coming up next gerri: the new place many investors are stashing their cash. some are calling it the new safe haven. we will get the facts and two minutes gerri: in focus tonight, talk of a new safe haven for investors looking way to stash cash. some
the golden gate bridge is a constant headache for those in california. number three we head down south to the pacific highway to los angeles. 13 million commuters can you into the city every day. 80% drive and 56 hours spent in idle cars. and of course, new york city, the big apple. they spent 57 hours or two and a half day sitting in traffic, especially if you're trying to get out of town on a friday afternoon. the number one worst city for traffic -- or not to believe this -- honolulu,...
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Nov 22, 2012
11/12
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i am an independent from california. both sides are kind of in the same place. both sides say and recognize that we need to raise the revenue and we need to have cuts. i think both sides come from different places. we need cuts, but we also have to accept tax raises and the other side says that we need more revenue. >> that's not what it sounds like from the outside. we hear a very hard-line from both sides. you hear the president get up and he says that we have to mandate. i heard from voters and they want the wealthy to pay more. and both sides seem to be willing to die on this notion. but you are saying something different. he said he talked to them in private and there was a compromise in sight. which was encouraging for the rest of it. i feel like velma and louise. we are going to go flying off this cliff with no one to help us make a stable decision. >> i think both sides are need to be raised on millionaires. i think what the president is saying is that what we need to do is make sure that we don't raise tax rates and that we actually continue to extend t
i am an independent from california. both sides are kind of in the same place. both sides say and recognize that we need to raise the revenue and we need to have cuts. i think both sides come from different places. we need cuts, but we also have to accept tax raises and the other side says that we need more revenue. >> that's not what it sounds like from the outside. we hear a very hard-line from both sides. you hear the president get up and he says that we have to mandate. i heard from...
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Nov 14, 2012
11/12
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one of the highest tax rates in california, $0.9.5 for every dollar spent. finally, in hawaii, little sunshine for state workers. the pension fund is in much better shape. assets in the employee portfolio system in 5% in the last quarter. a level not seen since the fall of 2007. but they still have the sunshine. dennis: shares of facebook flooding the market 800 million new shares, the stock topped 10% this morning. how could that be? cheryl: retail sales dropping, but we preview a black friday battle for the record books. dennis: a look at some of the winners and losers on the s&p. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide yo along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable l
one of the highest tax rates in california, $0.9.5 for every dollar spent. finally, in hawaii, little sunshine for state workers. the pension fund is in much better shape. assets in the employee portfolio system in 5% in the last quarter. a level not seen since the fall of 2007. but they still have the sunshine. dennis: shares of facebook flooding the market 800 million new shares, the stock topped 10% this morning. how could that be? cheryl: retail sales dropping, but we preview a black friday...
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Nov 25, 2012
11/12
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for example the california state employee's union. they went to shop a hip replacement and they got $15000 to $150,000 they put a limit of $30,000 and all of the helps come back in and said yes, we'll do it for that price. that tells you competition in a free market system works bringing down prices and de do dimunition in service. more we medical care in all kinds of ways, better prices we get and better than obama care. >> but john, i am curious what you think about they go out and search around. and it is it it is 100 percent. and there is no reason. and thyself guys need to have pencil and ledger system in the computer world. they need to be transparent. it is complications . and let me and you and that is it a version of health care over seas. you think we can fix the problems we have here in this country? >> it might be. this is the greatest country in the world. you hope you get health care on your door step. it costs every american $8000 a year. that is two can half more than other industrialized nations. doubles pay double wh
for example the california state employee's union. they went to shop a hip replacement and they got $15000 to $150,000 they put a limit of $30,000 and all of the helps come back in and said yes, we'll do it for that price. that tells you competition in a free market system works bringing down prices and de do dimunition in service. more we medical care in all kinds of ways, better prices we get and better than obama care. >> but john, i am curious what you think about they go out and...
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Nov 29, 2012
11/12
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this was a seminal event for california and california said okay, in that case we'll tax ourselves. neil: fear game, governor. that sound like a fear game. sayinggkids and future is compromised as a result it is a fear tactic, right? >> there was some fear involved, no question. there was a lot of truth involved, neil. education is the reason why a lot of these great companies are here. go to washington. there is no question that president obama said the rich will pay more if i'm elected. the question is, can you get a compromise? republicans give up their opposition to tax increase, democrats are willing to cut spending they cherish realize part of the deal to avoid america borrowing --. neil: but they're not doing that latter part. that is what worries me. maybe they will. maybe something is going on behind closed doors i'm not seeing governor but they're not doing that. >> big question was, is prop 30 is this passage a harbinger of good news and we'll somehow avoid the fiscal cliff. i think it might be. it will require both sides to realize america should take priority over your
this was a seminal event for california and california said okay, in that case we'll tax ourselves. neil: fear game, governor. that sound like a fear game. sayinggkids and future is compromised as a result it is a fear tactic, right? >> there was some fear involved, no question. there was a lot of truth involved, neil. education is the reason why a lot of these great companies are here. go to washington. there is no question that president obama said the rich will pay more if i'm elected....
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labeling failing in california in one poll nationwide ninety percent of americans want it so what happened well. can be answered with just one word monsanto they spent millions of dollars trying to defeat this ballot initiative all along with chemical companies.
labeling failing in california in one poll nationwide ninety percent of americans want it so what happened well. can be answered with just one word monsanto they spent millions of dollars trying to defeat this ballot initiative all along with chemical companies.
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why shut them down in california and permit them in new jersey? stuart: republicans basically lost last night. a pretty big loss. they have got to realign. would it be a good idea for the republican party to save enough with the old, we are gung-ho for the legalization of marijuana? judge napolitano: republican party will be able to expand its base in areas where it needs to, among people of color and young people, to embrace that as well as embrace a social agenda between you and your maker. we are here for freedom. stuart: when you are libertarian. you are for the legalization of marijuana. other drugs too? a and youuthink it will be politically a plus for the republican party to say legalize pot? judge napolitano: the reason barack obama won in colorado is because a lot of pro marijuana votes went to dig carried johnson. stuart: on the same voting list? judge napolitano: the same day, it was the second -- no one knows what the president's views are accepted justice department and forced the laws and amend -- i think libertarian virtues would ap
why shut them down in california and permit them in new jersey? stuart: republicans basically lost last night. a pretty big loss. they have got to realign. would it be a good idea for the republican party to save enough with the old, we are gung-ho for the legalization of marijuana? judge napolitano: republican party will be able to expand its base in areas where it needs to, among people of color and young people, to embrace that as well as embrace a social agenda between you and your maker....
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Nov 25, 2012
11/12
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and jonas' points, in texas we're attracted businesses from new york and california because of the businesses were moving here because the labor costs are lower and-- >> taxes play a role in the unionization rate in my opinion, but-- >> but if you're looking at individual companies toby. >> i mean, the union jobs, i flew out to arizona on a union plane with union pilots. that's been there for 60, 70 years, those industries have shrunk and less planes, less workers, et cetera. >> i drove a rental car that was built by a company that's now two-thirds than it started out 30 years ago, so you can't make the case here in any shape or form that union labor and all the benefits and all the costs and all the inefficiency has anything to do with a stronger economy, factual. >> brenda: that's got to be the last word, thanks, guys. coming up, the white house putting out new rules for the president's health care law. why the cavuto gang says it just puts the nanny state in your workplace. and that at the bottom of the hour, but up here first, federal employeesleading with congress we've suffered the loss
and jonas' points, in texas we're attracted businesses from new york and california because of the businesses were moving here because the labor costs are lower and-- >> taxes play a role in the unionization rate in my opinion, but-- >> but if you're looking at individual companies toby. >> i mean, the union jobs, i flew out to arizona on a union plane with union pilots. that's been there for 60, 70 years, those industries have shrunk and less planes, less workers, et cetera....
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california residents voted for the proposal to raise taxes. on tuesday residents approved a measure that would increase sales taxes by 1/4 of 1%. the state says the tax hike would also bring in $6 billion in additional annual revenue from the formerly golden state. that would include a hike in taxes on so-called wealthy california residents. liz is bursting at the seams. liz: tax and spend again and again. if that were the way to go california's unemployment rate would not be north of 11% as it has been traineding and this -- republican democracy the way california is running at. it is mach democracy rule with all sorts of propositions and being overrun by special interests and the state suffering. [talking over each other] dave: illinois tried to raise tax rates and that will bring us the solution. illinois is in worse shape than it was. stuart: illinois and california voted solidly for president obama. the next administration, second term for president obama will bail them out. it won't be called a bailout. dave: ohio which has a conservativ
california residents voted for the proposal to raise taxes. on tuesday residents approved a measure that would increase sales taxes by 1/4 of 1%. the state says the tax hike would also bring in $6 billion in additional annual revenue from the formerly golden state. that would include a hike in taxes on so-called wealthy california residents. liz is bursting at the seams. liz: tax and spend again and again. if that were the way to go california's unemployment rate would not be north of 11% as it...
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Nov 20, 2012
11/12
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states with a lot of tax write offs like california and new york would be hit hard. california money manager says the fiscal cliff face could lead to a lot more problems. i will explain. >> there are different ways to skin the cat. increased tax rates or eliminate loopholes, and if the democrats are going to go down the path to try and find ways to find revenue by increasing taxes or eliminating mortgage interest adoptions on states like california and new york, we both know that on both of these coats, real estate values seem to be the highest in the united states, so if we eliminate that, there will be money to pay to the government as a result. tom: this is becoming clear even before anybody knew who was going to win the election because mitt romney was talking about putting some sort of overall cap which would hurt people with the biggest deductions. and it looks like maybe that is the middle ground then they go for. >> and i think they will come to some middle ground. i think it'll be a temporary fix meaning i don't think this fiscal cliff will be a permanent so
states with a lot of tax write offs like california and new york would be hit hard. california money manager says the fiscal cliff face could lead to a lot more problems. i will explain. >> there are different ways to skin the cat. increased tax rates or eliminate loopholes, and if the democrats are going to go down the path to try and find ways to find revenue by increasing taxes or eliminating mortgage interest adoptions on states like california and new york, we both know that on both...
SFGTV: San Francisco Government Television
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Nov 3, 2012
11/12
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semac and california music and culture association is having a mixer with the supervisor candidates that are going to be elected november 6 and some of the current supervisors will be there. it's going to be at 6:00 o'clock at cafe denorde and everyone is invited to that. 29 of october in a couple of weeks. >> are we still voting? >> we voteed. >> you voted. >> but you have permits on then and the week of thanksgiving and don't let me down. >> any other comments by the commissioners? okay do we have public comment by the comments of the commissioners. seeing none the last item is new business and fiewrght agenda items. anyone want to request a future agenda item? >> i want to request that we hear from the sisters of perpetual indulgence and i dropped the email and i didn't send it and i want to reiterate they made improvements and it's important that we put that out there too and i would like to hear from them. their pink saturday was much better. >> very good. anybody else? >> is there any discussion on halloween here. >> we don't do halloween anymore. >> okay. just curious. >> hallowee
semac and california music and culture association is having a mixer with the supervisor candidates that are going to be elected november 6 and some of the current supervisors will be there. it's going to be at 6:00 o'clock at cafe denorde and everyone is invited to that. 29 of october in a couple of weeks. >> are we still voting? >> we voteed. >> you voted. >> but you have permits on then and the week of thanksgiving and don't let me down. >> any other comments by...
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Nov 15, 2012
11/12
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i'm from california. i been talking to both sides and both sides are kind of in the same place. both sides say that, both side recognize when you really get into it that we need to raise revenue and we need to have cuts. we need to, on the spending side. that is widely acknowledged on both sides. i think both sides come from a little dirty. one said we need cuts but we haves to accept some, some tax raises. the other side says we need, we need more revenue but we're willing to accept some cuts so --. melissa: that's not what it sound like from the outside. from here in new york and everywhere else in the country we hear a very hard-line from both sides. i mean you hear the president get up and says we've got a mandate. i heard from voters and they want the wealthy to pay more. and both side seem to be just willing to die on this mountain but you're saying something totally different. you say you talked to them in private and there is a compromise in sight which is encouraging to the rest of us, i feel like "thelma & louise". we're going flying off this cliff at full speed with n
i'm from california. i been talking to both sides and both sides are kind of in the same place. both sides say that, both side recognize when you really get into it that we need to raise revenue and we need to have cuts. we need to, on the spending side. that is widely acknowledged on both sides. i think both sides come from a little dirty. one said we need cuts but we haves to accept some, some tax raises. the other side says we need, we need more revenue but we're willing to accept some cuts...
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Nov 23, 2012
11/12
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gerri: california was developed by gamblers in the gold rush but what i love about this is the private sector taking the reins and showing the world how to build a train. i'm wondering instead of a quiet carve it will have a hangover car. dave: and the private sector does it is an experiment with their own money. and it is one fraction of the cost of the government. gerri: they can't find a way to get it right. they are having all kinds of technical issues, problems and at the end of the day you know it will cost more than they originally said. always does. stuart: to make way for the party train. president obama campaigns on a tax the rich policy that gave a lot more entitlements to americans. even outlining them in his plan you released before the election and it won. we are going to show you how the federal government is pushing the entitlement programs especially to immigrants. you don't have to be an american to get all the free stuff. that is new at 10:00. in i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sle
gerri: california was developed by gamblers in the gold rush but what i love about this is the private sector taking the reins and showing the world how to build a train. i'm wondering instead of a quiet carve it will have a hangover car. dave: and the private sector does it is an experiment with their own money. and it is one fraction of the cost of the government. gerri: they can't find a way to get it right. they are having all kinds of technical issues, problems and at the end of the day...
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the housing market in major areas in the united states, the california coast or new york city, is still off 20 or 25% from three or four years ago. friday is a very important number. for this presint. >> do you think that it will be that fixated on a? or is there impression or reform regardless of what the number is? >> you can always tell by the way the surveys are going. you know, the person who hasn't made their mind up, if they're going to make their mind up on that data point, which is probably going to look better in the news or, you know, because we had problems with the weather,. neil: but the point i do want to pick up, at least in our fox news poll, i heard about this, but that one shows that among independents, mitt romney still has a very nice cushion. a seven-point cushion. here is for romney two weeks ago, he had a 12-point cushion. what you make of that? if independents are the ones you have to win over, as he peeked? >> i don't think he has necessarily peaked. i think he has the momentum. i think that the jobs number is weak on friday. i think he can build off that momen
the housing market in major areas in the united states, the california coast or new york city, is still off 20 or 25% from three or four years ago. friday is a very important number. for this presint. >> do you think that it will be that fixated on a? or is there impression or reform regardless of what the number is? >> you can always tell by the way the surveys are going. you know, the person who hasn't made their mind up, if they're going to make their mind up on that data point,...
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is another, you know, gasoline problem that we're seeming to solve with dirty gasoline here like in california when they had a supply shock. but when you saw lines on the east coast, especially on the new jersey area where fuel supplies were very low and people lining up to fill up their tanks. the epa saying they will wave clean gas rles in 16 states and washington, d.c., to deal with some of the shorgewe're having right now. all right. onto the middle east now. the latest sanctions are meant to cripple iran but look at iran's stock market. it is on fire! look at that. it is up about 30in the past three months. it is all bause its citizens are basically being forced to invest in domestic companies since sanctions are prohibiting them from investing outside the company. between this the story we were telling you about, that reuters was reporting that they're smuggling in gold from turkey, iran is doing everything it can to preserve wealth in spite of sanctions. joining me now, fox news middle east expert, wall heat fair rest. welcome back to the show -- walid phares. >> thank you. >> do you th
is another, you know, gasoline problem that we're seeming to solve with dirty gasoline here like in california when they had a supply shock. but when you saw lines on the east coast, especially on the new jersey area where fuel supplies were very low and people lining up to fill up their tanks. the epa saying they will wave clean gas rles in 16 states and washington, d.c., to deal with some of the shorgewe're having right now. all right. onto the middle east now. the latest sanctions are meant...
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with your fox business brief eight people have been shot to word dead in california at a food company. the abc affiliate reports the suspect is among those dead but it hasn't been confirmed. united arab emirates have requested to buy missile defense from lockheed martin buy it as the boy $6 billion. the sale has been approved we began up to lawmakers to repeal it. >> regulators looking into unauthorized trading after the firm's president told the wall street journal also receive apple shares andover bought by 1,000 shares. this is the latest from fox business, giving you the power to prosper. to line priceline has been soaring since obama won the election in 2008 now we have the winners of the obama era >> daewoo try not to speculate since going back to the election day. priceline.com is up 11 fuld $643 per share. wholefoods is up 873% since the last time voted. automation and is up and it was a trend of people fixing up their cars instead of buying new ones. expedia 563%. windows world wide up 500% and then apple false number six the zero smb companies it has lost a lot of steam rece
with your fox business brief eight people have been shot to word dead in california at a food company. the abc affiliate reports the suspect is among those dead but it hasn't been confirmed. united arab emirates have requested to buy missile defense from lockheed martin buy it as the boy $6 billion. the sale has been approved we began up to lawmakers to repeal it. >> regulators looking into unauthorized trading after the firm's president told the wall street journal also receive apple...
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but we don't do that began shafted place more erred calls in california and wyoming because of population. whites answer more than non-whites. women answer more than men. even then you have to wait the sample to make sure you have the right mix. john: how do do that? >> it is from the statistics cour we know we have 52 percent of women in this day we want to make sure the sample matches. john: criticism. you favor republicans. "time" magazine says you are conseative leaning and rasmussen polls are biased. >> there is alys criticism. the pollsters incentive is always to get their right to. we have nothing to gain to game the system. john: if you have a retation for getting it right. >> more people are mad at you. john: use speak to the first person the answers the phone rather than random. >> there results academic theory back in the 1960's where there were just a few pollsters like gallup would say of a bite to speak to the oldest male or the in this to female it was a good technique now we have twitter, cable news, . john: what does that have to do with pulling? been a people don't commu
but we don't do that began shafted place more erred calls in california and wyoming because of population. whites answer more than non-whites. women answer more than men. even then you have to wait the sample to make sure you have the right mix. john: how do do that? >> it is from the statistics cour we know we have 52 percent of women in this day we want to make sure the sample matches. john: criticism. you favor republicans. "time" magazine says you are conseative leaning and...
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but we don't do that began shafted place more erred calls in california and wyoming because of population. whites answer more than non-whites. women answer more than men. even then you have to wait the sample to make sure you have the right mix. john: how do do that? >> it is from the statistics course we know we have 52 percent of women in this day we want to make sure the sample matches. john: criticism. you favor republicans. "time" magazine says you are conservative leaning and rasmussen polls are biased. >> there is always criticism. the pollsters incentive is always to get their right to. we have nothing to gain to game the system. john: if you have a reputation for getting it right. >> more people are mad at you. john: use speak to the first personthe answers the phone rather than random. >> there results academic theory back in the 1960's where there were just a few pollsters like gallup would say of a bite to speak to the oldest male or the in this to female it was a good technique. now we have twitter, cable news, . john: what does that have to do with pulling? been a people don
but we don't do that began shafted place more erred calls in california and wyoming because of population. whites answer more than non-whites. women answer more than men. even then you have to wait the sample to make sure you have the right mix. john: how do do that? >> it is from the statistics course we know we have 52 percent of women in this day we want to make sure the sample matches. john: criticism. you favor republicans. "time" magazine says you are conservative leaning...
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Nov 29, 2012
11/12
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california right at the top. for every 100 private sector workers in california, for every hundred working in the private sector california has only 139 people dependent upon it for their employment, welfare in some fashion. so how are they doing hat in california? obviously they're not. stay voters just passed a ballot initiative that will raise sales tax and income tax for people who make at least $250,000 per year. don't worry about it. by the way, that was after the tax report foundation ranked california's business tax climate as the third worst in the country, the third worst. can you imagine next year? and let's turn to illinois. the third worst run state in all the country. in 2010 the state budget deficit was more than 40% of its general fund. 40 percent. the second highest of any state. s&p and moody's both give illinois the second worst credit rating in all of the 50 states. illinois is funded 45% of pension liability, the lowest percentage of any state. unemployment in illinois, very impressive as wel
california right at the top. for every 100 private sector workers in california, for every hundred working in the private sector california has only 139 people dependent upon it for their employment, welfare in some fashion. so how are they doing hat in california? obviously they're not. stay voters just passed a ballot initiative that will raise sales tax and income tax for people who make at least $250,000 per year. don't worry about it. by the way, that was after the tax report foundation...
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Nov 15, 2012
11/12
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a lot of conversation about that in california. how real could that be? >> that's not real. house republicans, i can assure you, will not go for a carbon tax to legislate through this. we have already been through the captain trade scheme. even the democrats couldn't pass a gap in trade scheme to your four years ago. so i no their people trying to throw this out and say it's another way to do it. that is of surged. gerri: the rumors are the republicans are being offered a lot of money, a lot of campaign dollars to get on board. >> i do not believe it would go for it because the basics are we are very, very close to being north american energy independent. the tax formula we have right now, and the technology, those two aren't providing is the closest moment we have ever had in the modern age of being completely energy independent. we don't need venezuela, north africa, the middle east. we are 21% to wait. gerri: apparently the energy industry did not give the president. let me take it to a slightly different topic. the "wall street journal" reporting tonight that the fha has
a lot of conversation about that in california. how real could that be? >> that's not real. house republicans, i can assure you, will not go for a carbon tax to legislate through this. we have already been through the captain trade scheme. even the democrats couldn't pass a gap in trade scheme to your four years ago. so i no their people trying to throw this out and say it's another way to do it. that is of surged. gerri: the rumors are the republicans are being offered a lot of money, a...
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the other thing, california crime rate has risen, this is according to the drug enforcement agency. you will see a tripling the number of robberies, 131% jump in robberies, so i will tell you something, colorado ski industry all about tourism. i don't know if i'll want to be in front of somebody who is stoned on a joint. cheryl: they're hoping the pot tourism will pick up. dennis: president obama to speak in minutes on the looming fiscal cliff. cheryl: his comments live in moments. lori rothman and melissa francis are next. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. the skin they were born with and say they'd die for darker skin. sadly, some actually do. change your thinking, not yo
the other thing, california crime rate has risen, this is according to the drug enforcement agency. you will see a tripling the number of robberies, 131% jump in robberies, so i will tell you something, colorado ski industry all about tourism. i don't know if i'll want to be in front of somebody who is stoned on a joint. cheryl: they're hoping the pot tourism will pick up. dennis: president obama to speak in minutes on the looming fiscal cliff. cheryl: his comments live in moments. lori rothman...
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now in california we have 300,000 people working in the clean energy industry. 3 million across this country. so i think if you look at the long-term trend trend line it is very clear and very solid. say something about the reagan comparison. ronald reagan started his re-election year in '84 with eight plus percent under employment. he got it below 8%. president obama has now got the unemployment rate down a full point over the last year. so the trend line, unlike jimmy carter is very clear. melissa: trend line is going other way. it went up this month. went from 7.8 to 7.9. green energy. solar what you want to highlight? more abound, more sole sole of a story of solar energy companies going bankrupt. that is what you guys want to cling to? >> well the fact is, it has been a growth industry overall. there can be right-wing or republican spins on that. over the last year the unemployment rate --. melissa: how much tax doars and what could the tax dollars spent on? >> can i say, melissa, give the president a little credit here. net more new jobs than when he took office in the wake. me
now in california we have 300,000 people working in the clean energy industry. 3 million across this country. so i think if you look at the long-term trend trend line it is very clear and very solid. say something about the reagan comparison. ronald reagan started his re-election year in '84 with eight plus percent under employment. he got it below 8%. president obama has now got the unemployment rate down a full point over the last year. so the trend line, unlike jimmy carter is very clear....
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also the biggest state consumer, california has fixed its refinery problem. >>> and now we continue our countdown to the closing bell with liz claman. liz: 17 points, now just so you know we have crossed the flat line about 10 to 12 times on the dow jones industrials but suddenly we have been holding on to a little bit of green. nicole petallides, that goes for most of the broader market. you know, i'm looking here, we do have nasdaq, s&p, russell 2000, dow jones industrials all moving higher. nicole: it is an exciting day on wall street, regardless of how far you are off the unchanged line. you want to know what's leading, what's hot, what's not. in this particular case, i'm keeping a close eye on the home security company, brinks. many of you have seen the commercials, maybe you have a brinks security at home. there it is right now, up 6% today. you have a key shareholder, shamrock holdings which urged the company to consider selling itself; right, so the president stanley gold actually sent a let tore the board of directors -- setter to the board of directors and said listen, it's be
also the biggest state consumer, california has fixed its refinery problem. >>> and now we continue our countdown to the closing bell with liz claman. liz: 17 points, now just so you know we have crossed the flat line about 10 to 12 times on the dow jones industrials but suddenly we have been holding on to a little bit of green. nicole petallides, that goes for most of the broader market. you know, i'm looking here, we do have nasdaq, s&p, russell 2000, dow jones industrials all...
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Nov 29, 2012
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stuart: california is one of the states. >> california is a very, very mixed bag right now, because their economy is looking somewhat better, but relative to terrible. they had 13% unemployment just a little while ago. at the same time, however, they're doing this, by raising taxes and they have one of the worst out-migration problems in the country. stuart: will it work, will it give them a surplus? >> well, a short-term surplus doesn't help if it does long-term damage to your economy. right now, they are losing jobs to other states, and we've calculated, the manhattan did the study on jobs and migration and the number one place that california jobs are leaving and going to is texas and that tells us something, it's not an illusion, these are actual numbers. stuart: so, do you agree with the characterization of death spiral? and that's obviously dramatic stuff. >> right, right, one of the things. stuart: would you go that far? >> no, i wouldn't go that far, one of the reasons because the states have a lot of latitude, including the latitude to keep doing things like kicking the can down
stuart: california is one of the states. >> california is a very, very mixed bag right now, because their economy is looking somewhat better, but relative to terrible. they had 13% unemployment just a little while ago. at the same time, however, they're doing this, by raising taxes and they have one of the worst out-migration problems in the country. stuart: will it work, will it give them a surplus? >> well, a short-term surplus doesn't help if it does long-term damage to your...
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Nov 26, 2012
11/12
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one in four jobs are in california. washington state governor is leaving office in two months but still pushing for congress to approve the right for states to improve online sales taxes from out-of-state companies. willing to fly to washington to get an online tax passed. that is your west coas your "wet minute." dennis: in investors jump out of the stock market. christie saw the second-highest sale on record a recent postwar art auction bringing $412 million in this week and other south american art featuring this norman rockwell piece. the auction in today's bringing tha total of $33 million sales. this is one of the prized pieces. how much will it go for, do you figure? speak we understand $300,000 a reasonable estimate. dennis: in september he had another rockwell auction that went especially low. art has been selling for more than you had expected recently. >> sales have been at their highest. over $770 million of art and we're hoping to continue with the american art sale november 28. dennis: 124 nations. with ro
one in four jobs are in california. washington state governor is leaving office in two months but still pushing for congress to approve the right for states to improve online sales taxes from out-of-state companies. willing to fly to washington to get an online tax passed. that is your west coas your "wet minute." dennis: in investors jump out of the stock market. christie saw the second-highest sale on record a recent postwar art auction bringing $412 million in this week and other...
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Nov 27, 2012
11/12
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west coast minute the housing market getting a boost from china chinese buyers are grabbing holmes a california and nevada by foreclosed homes but some are luxury residences. chinese buyers accounted for 74 billion the sheer the second largest foreign buyer of loathsome the country. the mexico plan from the peanut butter recall has been shut down. the breeding ground from seven outbreak the fda noted there was a history of violations that led to the decision and" end quote. vacation index brings good news. prices are up 1.1%. there of 20% from one year-ago. las vegas is up but they're still below the 2000 levels. he would be fired with any other line of business. why is two 1/2 minstar still on the show why he called it fills? dennis: the winners and losers and how you can profit. >> we have some names moving on the nasdaq. [ male announcer ] you are a business pro. governor of getting it done. you know h to dance... with a deadline. and you...rent from national. because only national lets you choose any c in the aisle... and go. you can even take a full-size or above, and still pay the mid-siz
west coast minute the housing market getting a boost from china chinese buyers are grabbing holmes a california and nevada by foreclosed homes but some are luxury residences. chinese buyers accounted for 74 billion the sheer the second largest foreign buyer of loathsome the country. the mexico plan from the peanut butter recall has been shut down. the breeding ground from seven outbreak the fda noted there was a history of violations that led to the decision and" end quote. vacation index...
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Nov 30, 2012
11/12
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FBC
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what do you think that would do in california to cap the mortgage interest deduction because california has been under water in real-estate. >> great question. california is looking at the newest data and one of the places where the housing market is trying to comm back the strongest. it could definitely have an effect in california and have an affect on the east coast as well. stuart: wouldn't it be a serious hit on california housing? they already raised their top tax rate and dated it to january 1st retroactive and now you cap the mortgage interest deduction even if you cap it a little bit, i can't see how that would be -- i won't said disaster for california real-estate but really bad. >> it could have an affect but the idea of raising taxes will have a larger effect. stuart: that is worse. the worst thing you can do is raise tax rates, much worse than capping the mortgage interest deduction. >> i would take a step further and say the fact we haven't found a plan for the so-called fiscal cliff has been the biggest issue because that more than anything, the uncertainty and the effect
what do you think that would do in california to cap the mortgage interest deduction because california has been under water in real-estate. >> great question. california is looking at the newest data and one of the places where the housing market is trying to comm back the strongest. it could definitely have an effect in california and have an affect on the east coast as well. stuart: wouldn't it be a serious hit on california housing? they already raised their top tax rate and dated it...
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closing some facilities over in california. we've seen the name coming under pressure. all the energy stocks that we follow closely, 43 of those are down. majority of the financial stocks have down arrows. bank of america, down 4.5%. industrials coming under pressure and tech names coming under pressure. apple off the all-time high. we're seeing serious selling. and volume shows conviction with the selloff. back to you. lori: thank you, nicole. we'll check back with you as always in 15 minutes. tracy: we're keeping a close eye on the market losses all hour. we have coal stocks as everyone has been mentioning also getting hammered after president obama's re-election. one energy analyst will share his energy outlook next. lori: look how the dollar is faring right now. global news out of europe. you saw all the unrests and protests against renewed austerity measures in greece. you have much, much stronger dollar versus the euro today. despite a lack of conviction in u.s. markets. secular trade on the u.s. dollar. back with more after this [ male announcer ] do you have the
closing some facilities over in california. we've seen the name coming under pressure. all the energy stocks that we follow closely, 43 of those are down. majority of the financial stocks have down arrows. bank of america, down 4.5%. industrials coming under pressure and tech names coming under pressure. apple off the all-time high. we're seeing serious selling. and volume shows conviction with the selloff. back to you. lori: thank you, nicole. we'll check back with you as always in 15 minutes....
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>> yes, and then i think -- >> why can't california do that. >> i known -- have owned property in california, i now own property in vegas. neil: what is biggest loser? >> it was las vegas, but now it will be a big winner they are taxing people out of california, every time there is a pick quake, they go to las vegas they pay no income tax, and housing cost 80 percent less, they can be in los angeles, or san francisco in an hour, you will see people leaving state of california. neil: it is interesting, those at ground zero locale for real estate, las vegas and florida, you noticed that market picking up, maybe the wind at president's back could be a recovery you kept champions during the campaign. and you think that is real? >> i do, look at, south florida, and history repeats itself, in early 90s went down the tube first in housing, then bounced back with a international market driven bilat inamerica -- latin america, again south florida down tube, and bounces back, a at peak of recession. there are about only 1,000 unsole development unit, and new development project in the miami-deamiami-d
>> yes, and then i think -- >> why can't california do that. >> i known -- have owned property in california, i now own property in vegas. neil: what is biggest loser? >> it was las vegas, but now it will be a big winner they are taxing people out of california, every time there is a pick quake, they go to las vegas they pay no income tax, and housing cost 80 percent less, they can be in los angeles, or san francisco in an hour, you will see people leaving state of...
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Nov 25, 2012
11/12
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i'm riding right of the white line. >> reporter: to hit and run in california. both of these riders were unharmed. bicycling have never been more popular. commuting is up 47% nationally. up 80% in bicycle friendly areas. in 2010, 52,000 were injured and 618 killed in urban areas between the hours of 4:00 and 8:00. be victims male. the average age 42. with so many drivers and cyclists sharing the road there's a perception no one is obeying the road. psy cyclists unwilling to stop and stop signs and motorists unwilling to give them the room they need. >> we all have had things thrown at us, pushed off the road. >> reporter: former olympic cyclists is a lawyer representing cyclists. >> they have the same rights that you have. you can pass them. you have to do so safely. >> reporter: back in d.c. the video came in handy. the police found the driver who hit evan wilder. he's plead not guilty to charges of assault and leaving the scene of an accident. >>> we're back in a moment with the surprise shower impossible for the weather man to predict. of washington about the
i'm riding right of the white line. >> reporter: to hit and run in california. both of these riders were unharmed. bicycling have never been more popular. commuting is up 47% nationally. up 80% in bicycle friendly areas. in 2010, 52,000 were injured and 618 killed in urban areas between the hours of 4:00 and 8:00. be victims male. the average age 42. with so many drivers and cyclists sharing the road there's a perception no one is obeying the road. psy cyclists unwilling to stop and stop...
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Nov 28, 2012
11/12
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wrong for california, wrong for america. the state and the nation have a spending problem but both the state and the nation voted to keep spending spree, keep going and both voted to raise taxes. i do not share the times's rosy outlook for california or the united states and that is my take. ♪ ♪ [ enne revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winr event going onow -- but hurry, the offer ends on. stuart: john boehner said he is optimistic that the fiscal cliff negotiations will speak successful. use the word optimistic. market coming back a little on that. as we told you earlier forbes saying that 11 states are in a death spiral. their words. don't buy house in the 11 states, don't invest in their municipal-bond. joiiing us from one of those states is scott kennedy in chicago, ill.. what do you make of that? >> i totally agree. i am not going to buy another house in this state ever again and as markets said, at some point we will run out of spending other peo
wrong for california, wrong for america. the state and the nation have a spending problem but both the state and the nation voted to keep spending spree, keep going and both voted to raise taxes. i do not share the times's rosy outlook for california or the united states and that is my take. ♪ ♪ [ enne revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winr event going onow -- but hurry, the offer ends on. stuart: john boehner said he is...
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Nov 28, 2012
11/12
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FBC
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they take that money, and some states designate it for particular things 30% in california goes to the education. that adds up to more than 1% of total. neill but they have been doing that for years, you would think that every kid would have a gold little bitted laptop. >> you think so, they have a state budget of 53 billion for education, one state that is biggest state. but still, a lot of change. now in addition to that 18 billion. right off the top that is just peeled off the top, have you bottom line, because, the 59 billion-dollar they spend, the people who get money from that have to pay taxes. 35% of goes to fed, you got, state local taxes which could add up to over 10% that is money that just goes into general coffers of the state that is. neil: they can use that for anything. >> anything they want to, to pay the dog catcher. >> all of these years, and all money you talk about 59 million. but, all of these years, all of various government projects, largely education when this started when you and i were young. >> this is what is was supposed to be for. neil: and our kids are s
they take that money, and some states designate it for particular things 30% in california goes to the education. that adds up to more than 1% of total. neill but they have been doing that for years, you would think that every kid would have a gold little bitted laptop. >> you think so, they have a state budget of 53 billion for education, one state that is biggest state. but still, a lot of change. now in addition to that 18 billion. right off the top that is just peeled off the top,...
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. >> tomorrow california lottery officials will reveal the name of a woman who nearly lost a $23 million jackpot. the woman bought the winning ticket for her mother back in may. according to "the los angeles times," she both forgot about the ticket until lottery officials published this photo and the daughter saw herself in the paper this week. the ticket was in her glove compartment the whole time. jackpot was set to expire in three weeks, at which point all 23 million would have gone to the california school system. oh, my goodness! >> close call. >> ma, you see that lotto ticket? no, honey, i'm not sure. okay. that's cool. >> i cannot imagine what it would feel like to know you almost, almost messed up on $23 million. >> right. >>> kind of cold out there tonight, doug. >> it's chilly. it is. that's the way it's going to be for the next couple of days, maybe, as i mentioned, the next two weeks potentially. out there right now, let's take a look, for the record, look at this, a beautiful shot, the world war ii monument as well as the washington monumen great shot out there this evening.
. >> tomorrow california lottery officials will reveal the name of a woman who nearly lost a $23 million jackpot. the woman bought the winning ticket for her mother back in may. according to "the los angeles times," she both forgot about the ticket until lottery officials published this photo and the daughter saw herself in the paper this week. the ticket was in her glove compartment the whole time. jackpot was set to expire in three weeks, at which point all 23 million would...